REITs Fall Sharp Amid Doubts of Commercial Real Estate Recovery
REIT stocks fell sharply in the second quarter, ranging between 11 and 15 percent. Originally reported by the Wall Street Journal, the Dow Jones Equity All REIT index posted a 2 percent negative return in the second quarter. The index hasn’t reported a performance that weak since the third quarter of 2011. Analysts are saying REITs took a dive because investors are nervous about rising interest rates sta ...
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